Why China’s war on deflation is faltering in real time

NEW YORK – Earlier hopes that China had beaten deflation took a hit this week. China’s consumer prices rose just 0.5% year-on-year in July, down…

Trump-class battleship designed for a bygone era of warfare

The Trump-class battleship risks becoming more of a prestige project than a practical answer to the US Navy’s longstanding challenges in fleet modernization, emerging technologies…

America just took a $2 trillion wrong turn

Hong Kong Housing Society raises public housing rent by 2.85%

Rent for public housing under the Hong Kong Housing Society (HKHS) will increase by 2.85 per cent from October. The HKHS said in a statement…

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Do main battle tanks have a warfare future?

By the early 2030s the US will have a “new” tank to replace the Abrams M1. The M1 was designed between 1972 and 1976, although…

Clock ticking down on Cambodia’s growth momentum

Cambodia and China recently agreed to fast-track four priority infrastructure projects under the Diamond Hexagon cooperation framework, deepening a partnership that already accounts for roughly…

Talking to the dead: the high price of engaging Myanmar’s junta

Neighbors are busy rehabilitating the diplomatic standing of Myanmar’s junta-chief-turned-president Min Aung Hlaing just as his regime openly shreds the regional bloc’s peace plan. Min…

Trump’s secret escape leaked

Watch Malaysia for a preview of Asia’s coming AI power crunch

Every investor pricing artificial intelligence as a chip story is missing the real bottleneck. A chip can be designed and shipped within roughly two years.…

Japan has another go at electric vehicles

Japanese electric vehicle (EV) makers have fallen so far behind BYD and other Chinese competitors, and been so brightly outshone by Tesla, that it is…

HKFP Reader Survey 2026 results

HKFP wishes to thank readers who took part in our 2026 Reader Survey. We received 122 responses – each of which will help us shape…

China rocket launch fails after ‘flight anomaly’, reports of explosion

A Chinese rocket carrying a communications satellite failed in its launch, state media said, attributing the failure to a “flight anomaly” as reports and videos…

Hong Kong police arrest 10 for dangerous driving in first drone-assisted traffic crackdown

Hong Kong police have arrested 10 drivers for dangerous driving on the Kwun Tong Bypass, deploying drones in a traffic operation for the first time.…

New allied trio militarily moves on from faltering US and Trump

The deadlocked Middle East war gave birth last week to a defense alliance among Saudi Arabia, Turkiye and Pakistan that represents a vivid backlash to…

Domestic worker union hits back over employer group’s pay freeze petition

A Hong Kong migrant domestic worker union has rebuked calls by employer groups for a pay freeze as it called for stronger protections. It said…

History shows why the Makkah Agreement could fail

Time is a stern teacher of nations. It changes the character of alliances, reshapes national priorities and repeatedly reminds states that geography is destiny only…

‘Baffling’ work heat stress warnings to be revamped after record temperatures trigger only lowest alerts

Hong Kong’s Labour Department will revamp the city’s heat stress warning system, its chief has said, after a former weather official called the mechanism “decorative”…

Australia, Vietnam boost military ties in nod to China

Australia and Vietnam said Tuesday they would expand cooperation between their militaries as the middle powers face down Beijing’s expanding reach in the Pacific and…

Elon Musk’s $1 trillion scam explained